Latest News on OCFC

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Enterprise value to revenue forward of OceanFirst Financial Corp. – NASDAQ:OCFC

https://www.tradingview.com/symbols/NASDAQ-OCFC/financials-statistics-and-ratios/enterprise-value-sales-fwd/
The article focuses on the "Enterprise value to revenue forward" metric for OceanFirst Financial Corp. (NASDAQ: OCFC). It appears to be a financial data point or analysis offered through the TradingView platform. The content primarily lists navigation and footer links rather than providing a detailed financial analysis.

OceanFirst Financial updates its strategy as regional banking landscape evolves

https://www.ad-hoc-news.de/boerse/news/ueberblick/oceanfirst-financial-updates-its-strategy-as-regional-banking-landscape/69679214
OceanFirst Financial is adapting its community banking strategy and digital capabilities to respond to changes in regulation, interest rates, and customer expectations in the regional banking sector. The company, which operates primarily along the Mid-Atlantic coast, focuses on balancing loan growth, deposit stability, and capital requirements while investing in digital platforms to compete in the evolving U.S. financial landscape. Its business model centers on gathering deposits and deploying them into various loans and investment securities, supported by a network of branches and digital channels.

Piper Sandler Assumes Coverage of OceanFirst Financial Corp. (OCFC)

https://www.insidermonkey.com/blog/piper-sandler-assumes-coverage-of-oceanfirst-financial-corp-ocfc-1792984/?amp=1
Piper Sandler has initiated coverage of OceanFirst Financial Corp. (OCFC) with a Neutral rating and a $19 price target, citing concerns about "middling profitability" post-acquisition of Flushing Financial Corporation. The merger created a regional bank with significant presence across several East Coast states and included a $225 million strategic investment from Warburg Pincus LLC. OceanFirst Financial Corp. is a savings and loan holding company with its subsidiary OceanFirst Bank offering various financial services.

Piper Sandler Assumes Coverage of OceanFirst Financial Corp. (OCFC)

https://finance.yahoo.com/markets/stocks/articles/piper-sandler-assumes-coverage-oceanfirst-193645904.html
Piper Sandler has initiated coverage of OceanFirst Financial Corp. (NASDAQ:OCFC) with a Neutral rating and a $19 price target, citing "middling profitability" for the bank after its acquisition of Flushing Financial. This merger creates a regional bank primarily serving New York, New Jersey, and other major metropolitan areas, and was accompanied by a $225 million strategic investment from Warburg Pincus LLC. While acknowledging OCFC's potential, the article suggests that certain AI stocks may offer greater upside and less risk.

OceanFirst (NASDAQ: OCFC) raises loan collateral sale figure to $836M

https://www.stocktitan.net/sec-filings/OCFC/8-k-a-oceanfirst-financial-corp-amends-material-event-report-1df4a03df50c.html
OceanFirst Financial Corp. (NASDAQ: OCFC) filed an amendment to a previous 8-K report, correcting the amount of loan collateral with rent-regulated exposure sold. The company clarified that the figure was $836 million, not the $736 million previously stated in a press release. This amendment only corrects this specific financial figure, with all other aspects of the original report remaining unchanged.
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OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

https://www.manilatimes.net/2026/06/30/tmt-newswire/globenewswire/oceanfirst-financial-corp-completes-previously-announced-sale-of-13-billion-of-new-york-city-multifamily-loans/2375305
OceanFirst Financial Corp. (NASDAQ: "OCFC") has completed the sale of $1.3 billion of multifamily loans, primarily located in the New York City metropolitan area and largely subject to NYC rent regulations. This strategic move aims to rebalance the company's Commercial Real Estate and Multifamily exposure and reduce its risk related to rent-regulated properties. The sold portfolio originated from Flushing Bank and was acquired through a merger on June 1, 2026, significantly reducing OceanFirst's rent-regulated unit exposure to less than 2.5% of total assets.

OceanFirst Financial Sells $1.3 Billion NYC Multifamily Loan Portfolio to Reduce Rent Regulation Risk

https://www.minichart.com.sg/2026/06/30/oceanfirst-financial-sells-1-3-billion-nyc-multifamily-loan-portfolio-to-reduce-rent-regulation-risk/
OceanFirst Financial Corp. has completed the strategic sale of a $1.3 billion multifamily loan portfolio, primarily composed of loans in the New York City metropolitan area with significant exposure to rent regulation. This move, following its merger with Flushing Bank, substantially reduces OceanFirst's rent-regulated property exposure to less than 2.5% of total assets, mitigating legislative and market risks. The transaction's financial impacts and balance sheet repositioning will be detailed in the upcoming Q2 earnings release.

OceanFirst completes $1.3B sale of NYC multifamily loans to reduce rent-regulation exposure

https://www.tradingview.com/news/tradingview:6a7f482c91e1c:0-oceanfirst-completes-1-3b-sale-of-nyc-multifamily-loans-to-reduce-rent-regulation-exposure/
OceanFirst (OCFC) has completed the sale of $1.3 billion in multifamily loans, significantly reducing its exposure to rent-regulated properties in New York City. The portfolio included over 1,400 loans, with $736 million specifically backed by rent-regulated collateral. This sale aligns with previous valuation estimates and reduces the percentage of loans with over 50% rent-regulated units to less than 2.5% of total assets.

Press Release: OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

https://www.moomoo.com/hant/news/post/72213151/press-release-oceanfirst-financial-corp-completes-previously-announced-sale-of?futusource=news_newspage_recommend
OceanFirst Financial Corp. announced the completion of the previously announced sale of $1.3 billion of New York City multifamily loans to a subsidiary of Barclays Bank PLC. This transaction is a significant milestone for OceanFirst (OCFC), as it marks a strategic move towards optimizing its loan portfolio and strengthening its financial position. The sale is expected to have a notable impact on the company's balance sheet and future operations, reflecting a strategic shift in its asset management.

Morgan Lewis Advises OceanFirst Financial Corp. on Sale of $1.3B of Multifamily Loans – News

https://www.morganlewis.com/news/2026/06/morgan-lewis-advises-oceanfirst-financial-corp-on-sale-of-1-3b-of-multifamily-loans
Morgan Lewis advised OceanFirst Financial Corp. (NASDAQ: OCFC) on the sale of a $1.3 billion portfolio of commercial mortgage loans secured by multifamily properties in New York City. This portfolio represents a majority of the multifamily loans acquired through OceanFirst's recent acquisition of Flushing Financial Corporation. The legal team included partners Ferdinand Gallo, Michael McCarthy, Steven Becker, and David Sylofski.
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Press Release: OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

https://www.moomoo.com/news/post/72213151/press-release-oceanfirst-financial-corp-completes-previously-announced-sale-of?futusource=news_newspage_recommend
OceanFirst Financial Corp. has completed the sale of $1.3 billion of New York City multifamily loans, a move previously announced. This transaction reflects the company's strategic adjustments regarding its loan portfolio.

OceanFirst Financial Corp. has successfully completed the previously announced significant asset disposition—the sale of its $1.3 billion portfolio of New York City multifamily residential loans.

https://www.bitget.com/amp/news/detail/12560605482490
OceanFirst Financial Corp. has completed the sale of its $1.3 billion portfolio of New York City multifamily residential loans. This strategic move aims to optimize the company's loan asset structure, manage risk, and enhance capital flexibility. Investors will be observing the impact of this divestment on OceanFirst Financial's future financial performance and strategic direction.

OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

https://www.marketscreener.com/news/oceanfirst-financial-corp-completes-previously-announced-sale-of-1-3-billion-of-new-york-city-mul-ce7f5fdfdc8eff26
OceanFirst Financial Corp. announced the completion of the previously announced sale of $1.3 billion of multifamily loans, primarily located in the New York City metropolitan area and largely subject to NYC rent regulations. This strategic move aims to rebalance the company's Commercial Real Estate and Multifamily exposure and reduce its risk associated with rent-regulated properties. The sold portfolio, originated by Flushing Bank, accounted for $736 million in rent-regulated exposure, and following the sale, the company's exposure to rent-regulated units represents less than 2.5% of total assets.

OceanFirst Financial (OCFC) Could Be 44% Below Fair Value After Russell Index Additions

https://simplywall.st/stocks/us/banks/nasdaq-ocfc/oceanfirst-financial/news/oceanfirst-financial-ocfc-could-be-44-below-fair-value-after
OceanFirst Financial (OCFC) has been added to several Russell growth and small-cap indices, potentially influencing investor attention and fund flows. The company is trading at $19.54, below an analyst target of $21.50 and an estimated intrinsic value of $21.33, suggesting it could be undervalued by approximately 44%. This valuation gap is supported by strong growth in its commercial loan pipeline and new deposit relationships, though execution risks and a high P/E ratio compared to the industry are noted.

OceanFirst Financial Corp.(NasdaqGS:OCFC) added to Russell Small Cap Comp Growth Benchmark

https://www.marketscreener.com/news/oceanfirst-financial-corp-nasdaqgs-ocfc-added-to-russell-small-cap-comp-growth-benchmark-ce7f5fdfdd8dfe2c
OceanFirst Financial Corp. (NasdaqGS:OCFC) has been added to the Russell Small Cap Comp Growth Benchmark. The article also notes recent news for OceanFirst, including its addition to other Russell benchmarks (2500 Growth, 2000 Growth, 3000E Growth) and its recent merger completion with Flushing Financial Corporation. OceanFirst Financial Corp. operates as a regional community bank offering a variety of financial products and services.
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OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

https://www.globenewswire.com/news-release/2026/06/29/3319342/8280/en/oceanfirst-financial-corp-completes-previously-announced-sale-of-1-3-billion-of-new-york-city-multifamily-loans.html
OceanFirst Financial Corp. announced the completion of the sale of $1.3 billion in multifamily loans, primarily located in the New York City metropolitan area and largely subject to NYC rent regulations. This strategic move aims to rebalance the company's Commercial Real Estate and Multifamily exposure and reduce risk associated with rent-regulated properties. The sold portfolio originated from Flushing Bank and was acquired by OceanFirst through a recent merger.

OceanFirst Financial Corp.(NasdaqGS: OCFC) added to Russell 2000 Growth Benchmark

https://www.marketscreener.com/news/oceanfirst-financial-corp-nasdaqgs-ocfc-added-to-russell-2000-growth-benchmark-ce7f5fdedc8ff122
OceanFirst Financial Corp. (NasdaqGS:OCFC) has been added to the Russell 2000 Growth Benchmark index. This inclusion reflects the company's growth profile and is based on criteria from S&P Capital IQ. The company's stock was trading at 19.37 USD, down 0.87% at the time of the announcement.

OceanFirst Financial Corp.(NasdaqGS: OCFC) added to Russell 3000E Growth Benchmark

https://www.marketscreener.com/news/oceanfirst-financial-corp-nasdaqgs-ocfc-added-to-russell-3000e-growth-benchmark-ce7f5fdedb81f320
OceanFirst Financial Corp. (OCFC) has been added to the Russell 3000E Growth Benchmark. This inclusion follows a series of similar additions to other Russell indices, including the Russell Small Cap Comp Growth, Russell 2500 Growth, Russell 2000 Growth, and Russell 2000 Growth-Defensive indices. The company, a regional community bank, also recently completed the sales of a $1.3 billion multifamily loan portfolio and the acquisition of Flushing Financial Corporation.

Enterprise value to revenue forward of OceanFirst Financial Corp. – BOATS:OCFC

https://www.tradingview.com/symbols/BOATS-OCFC/financials-statistics-and-ratios/enterprise-value-sales-fwd/
This article presents the enterprise value to revenue forward for OceanFirst Financial Corp. (OCFC), as tracked by the Blue Ocean Alternative Trade System (BOATS). It appears to be a financial data point from a larger platform, indicating a specific financial metric for the company.

Price to book forward of OceanFirst Financial Corp. – BOATS:OCFC

https://www.tradingview.com/symbols/BOATS-OCFC/financials-statistics-and-ratios/price-book-fwd/
This article provides financial information for OceanFirst Financial Corp. (OCFC) under its "Blue Ocean Alternative Trade System" (BOATS) designation. It focuses on the company's price to book forward metric and indicates the market was closed at the time of publication, with no trades occurring.
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Is OceanFirst (OCFC) Signaling Deeper Capital Strain As Net Interest Margins And Tangible Book Slip?

https://simplywall.st/stocks/us/banks/nasdaq-ocfc/oceanfirst-financial/news/is-oceanfirst-ocfc-signaling-deeper-capital-strain-as-net-in/amp
OceanFirst Financial is facing challenges with weaker net interest income growth and a declining net interest margin, alongside a projected decrease in tangible book value per share. These issues raise concerns about the bank's near-term financial health and underlying capital profile, potentially impacting its investment narrative. The recent merger with Flushing Financial and continued dividend payments are seen as efforts to offset these trends through increased scale and customer reach.

OceanFirst Financial Corp. Actuals & Estimates (NASDAQ:OCFC)

https://www.tradingview.com/symbols/NASDAQ-OCFC/forecast-actuals-and-estimates/
This article provides an overview of OceanFirst Financial Corp. (OCFC) stock performance, financial estimates, and analyst forecasts. It includes details on current stock price, historical highs and lows, market capitalization, and upcoming earnings reports, offering a comprehensive look for potential investors.

OceanFirst Financial Corp (OCFC) Financial Health: Profitability & Balance Sheet Analysis

https://www.tradingkey.com/markets/stocks/nasdaq-ocfc/financial-health
The article provides a financial health analysis of OceanFirst Financial Corp (OCFC), noting its current financial score of 8.53 out of 10, ranking 120th in the Banking Services industry. The company exhibits stable financial status, high operating efficiency, with recent quarterly revenue reaching $93.89 million, a 7.12% year-over-year increase, and no change in net profit. Key financial indicators like cash and cash equivalents, total assets, and free cash flow require further disclosure from the company for a complete assessment.

Loan losses (actual) of OceanFirst Financial Corp. – NASDAQ:OCFC

https://www.tradingview.com/symbols/NASDAQ-OCFC/financials-balance-sheet/loan-losses-act/
This article displays information regarding the actual loan losses for OceanFirst Financial Corp. (NASDAQ: OCFC). It appears to be a stub or data-centric page from TradingView, focusing purely on that financial metric. The content itself seems to be a financial data point rather than a detailed news article.

What OceanFirst Financial (OCFC)'s Spike in Short-Term Options Volatility Means For Shareholders

https://simplywall.st/stocks/us/banks/nasdaq-ocfc/oceanfirst-financial/news/what-oceanfirst-financial-ocfcs-spike-in-short-term-options
OceanFirst Financial Corp. recently experienced a significant surge in its short-term options volatility, particularly with the June 18, 2026 $2.50 call, indicating that traders anticipate a substantial price movement. This activity, coupled with the recent merger with Flushing Financial, suggests investors are looking for catalysts related to OceanFirst's growth plans and its ability to integrate the merger successfully. The article emphasizes that while options activity points to potential short-term shifts, the long-term performance hinges on the management's execution of the merger, credit quality maintenance, and cost control, against its projected revenue and earnings growth.
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OceanFirst Financial Corp (OCFC) Dividends & Stock Splits: Historical Payouts and Event Timeline

https://www.tradingkey.com/markets/stocks/nasdaq-ocfc/dividend-splits
This article provides a historical overview of OceanFirst Financial Corp's (OCFC) dividend payouts and stock split information. It details a series of interim and final cash dividends paid out quarterly from 2024 through early 2026, each for USD 0.2, and notes that no stock split data is available. The company has distributed a total of 194.18M USD in dividends over the past five years.

What OceanFirst Financial (OCFC)'s Spike in Short-Term Options Volatility Means For Shareholders

https://www.sahmcapital.com/news/content/what-oceanfirst-financial-ocfcs-spike-in-short-term-options-volatility-means-for-shareholders-2026-06-19
OceanFirst Financial Corp. (OCFC) recently experienced a significant surge in short-term options volatility, particularly with its June 18, 2026 $2.50 call options, indicating that traders anticipate substantial stock movement. This activity suggests investor focus on potential catalysts rather than a change in the core growth strategy. The article highlights the importance of the recent merger with Flushing Financial on June 1, 2026, and its impact on OceanFirst's earnings, funding, and geographic reach, which will be crucial for long-term performance.

OceanFirst Financial Corp (OCFC) Technical Analysis: Support, Resistance, Indicators & Moving Averages

https://www.tradingkey.com/markets/stocks/nasdaq-ocfc/technical
This article provides a technical analysis of OceanFirst Financial Corp (OCFC), focusing on support, resistance, indicators, and moving averages. As of June 17, 2026, OCFC's price momentum score is 6.86, trading between a resistance of $19.05 and support of $17.22, making it suitable for range-bound swing trading. Technical indicators show 0 buy signals and 2 sell signals, with moving averages (MA5 to MA200) indicating 0 buy signals and 6 sell signals, leading to an overall "Sell" signal based on technical analysis.

OceanFirst Financial Corp (OCFC) Shareholder Structure: Major Shareholders & Institutional Holdings

https://www.tradingkey.com/markets/stocks/nasdaq-ocfc/ownership
This article details the shareholder structure of OceanFirst Financial Corp (OCFC), listing its major institutional holders and their proportional ownership. It also presents institutional shareholding trends over several quarters, showing changes in the number of institutions and shares held. Additionally, the report includes information on related ETFs that hold OCFC shares.

OceanFirst Financial (OCFC) Stock Could Be 14.2% Undervalued As Options Activity Draws Focus

https://www.sahmcapital.com/news/content/oceanfirst-financial-ocfc-stock-could-be-142-undervalued-as-options-activity-draws-focus-2026-06-17
Recent options trading activity, particularly a June 18, 2026 $2.50 Call, has brought OceanFirst Financial (OCFC) into focus. Despite trading at $18.31, the stock is considered 14.2% undervalued with a fair value of $21.33, driven by strong commercial loan growth and expansion efforts. However, investors are advised to weigh these potential rewards against risks such as increased operating costs and credit quality concerns.
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(OCFC) Movement Within Algorithmic Entry Frameworks

https://news.stocktradersdaily.com/news_release/40/OCFC_Movement_Within_Algorithmic_Entry_Frameworks_061726015802_1781675882.html
Oceanfirst Financial Corp. (NASDAQ: OCFC) is showing a neutral sentiment across all time horizons, indicating a wait-and-see approach for investors. AI models have generated three distinct trading strategies: a Long Position Trading Strategy with an entry zone of $17.68, a Momentum Breakout Strategy with a trigger at $18.41, and a Risk Hedging Strategy with a short entry zone at $18.83. The analysis highlights a 23.0:1 risk-reward short setup targeting 6.1% downside versus 0.3% risk.

OceanFirst Financial (OCFC) Stock After Warburg Pincus Deal Is The Price Too Low

https://simplywall.st/stocks/us/banks/nasdaq-ocfc/oceanfirst-financial/news/oceanfirst-financial-ocfc-stock-after-warburg-pincus-deal-is/amp
This article analyzes whether OceanFirst Financial (OCFC) stock, currently priced around US$18.15, is undervalued following the Warburg Pincus deal. Employing an Excess Returns model, the analysis suggests the stock is 39.0% undervalued, with an intrinsic value of $29.78 per share. Additionally, a P/E ratio comparison indicates the stock is trading at a discount, as its current P/E of 15.57x is below its Fair Ratio of 24.97x.

Do Options Traders Know Something About OceanFirst Stock We Don't?

https://www.tradingview.com/news/zacks:a1fed4d99094b:0-do-options-traders-know-something-about-oceanfirst-stock-we-don-t/
Options traders are showing significant interest in OceanFirst Financial Corp. (OCFC), with high implied volatility in a specific call option suggesting expectations of a major price movement. Despite this, analysts currently rate OceanFirst as a "Hold" with positive recent earnings estimate revisions. This divergence indicates a potential trading opportunity, particularly for those looking to sell premium based on expected muted stock movement despite the high implied volatility.

Do Options Traders Know Something About OceanFirst Stock We Don't?

https://ca.finance.yahoo.com/news/options-traders-know-something-oceanfirst-141000586.html
Options traders are showing significant interest in OceanFirst Financial Corp. (OCFC) as indicated by the high implied volatility of its June 18, 2026 $2.50 Call option. This suggests that the market anticipates a substantial price movement for the stock. Despite this, analysts currently rate OceanFirst as a Zacks Rank #3 (Hold), with recent positive revisions to earnings estimates, potentially signaling a trading opportunity for options traders.

[Form 3] OCEANFIRST FINANCIAL CORP Initial Statement of Beneficial Ownership

https://www.stocktitan.net/sec-filings/OCFC/form-3-oceanfirst-financial-corp-initial-statement-of-beneficial-owne-54687322e0c0.html
This SEC Form 3 filing for OCEANFIRST FINANCIAL CORP (OCFC) reports an initial statement of beneficial ownership by multiple related entities under Warburg Pincus LLC. The filing details indirect holdings of common stock, non-voting common equivalent stock, and warrants, stemming from an Investment Agreement dated December 29, 2025. The beneficial ownership is attributed to various Warburg Pincus funds and related general partners, who collectively act as indirect owners, and the document specifies the terms of the warrants, including exercise price and conditions.
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[Form 3] OCEANFIRST FINANCIAL CORP Initial Statement of Beneficial Ownership

https://www.stocktitan.net/sec-filings/OCFC/form-3-oceanfirst-financial-corp-initial-statement-of-beneficial-owne-dc90b5f5f5c7.html
This SEC Form 3 filing details the initial statement of beneficial ownership for OCEANFIRST FINANCIAL CORP (OCFC) by WARBURG PINCUS LLC and several affiliated entities. It reports holdings of 9,574,639 shares of Common Stock, 1,812 shares of Non-Voting Common Equivalent Stock, and Warrants exercisable for 11,386.64 shares of NVCE Stock, resulting from an investment agreement dated December 29, 2025. The filing also explains the complex ownership structure of the reporting persons and the terms of the warrants.

OceanFirst Financial Corp. Rings the Nasdaq Stock Market Closing Bell

https://www.nasdaq.com/videos/oceanfirst-financial-corp-rings-nasdaq-stock-market-closing-bell
OceanFirst Financial Corp. (Nasdaq: OCFC), a Northeast regional bank, visited the Nasdaq MarketSite in Times Square to ring the Closing Bell. This event honored the 30th anniversary of OceanFirst’s initial public offering and the creation of its foundation. CEO Chris Maher performed the bell-ringing duties.

OceanFirst dumps $1.4B rent-stabilized loan book days after Flushing merger

https://therealdeal.com/new-york/2026/06/09/oceanfirst-dumps-1-4b-rent-stabilized-loan-book-post-merger/
OceanFirst Financial is selling approximately $1.4 billion in rent-stabilized multifamily loans it acquired through its recent acquisition of Flushing Financial Corp. This move, days after closing the $579 million Flushing acquisition, aims to shed most of OceanFirst's exposure to New York City's regulated multifamily sector. The sale highlights the ongoing challenges lenders face in the rent-stabilized market since the 2019 Housing Stability and Tenant Protection Act.

Press Release: OceanFirst Financial Corp. Agrees to Sell $1.4 Billion of Multifamily Loans in Balance Sheet Repositioning

https://www.moomoo.com/news/post/71200768/press-release-oceanfirst-financial-corp-agrees-to-sell-1-4?futusource=news_newspage_recommend
OceanFirst Financial Corp. has agreed to sell $1.4 billion of multifamily loans, primarily consisting of fixed-rate loans, in a balance sheet repositioning strategy. This move is expected to improve the company's net interest margin and capital ratios, with a projected positive impact of 0.25% to 0.30% on net interest margin in 2027 and an increase of approximately 100 basis points to the Consolidated Common Equity Tier 1 ratio. The transaction, funded by cash on hand, is scheduled to close in the second quarter of 2026.

OceanFirst agrees to sell $1.4B in multifamily loans after Flushing deal

https://www.roi-nj.com/2026/06/08/finance/oceanfirst-agrees-to-sell-1-4b-in-multifamily-loans-after-flushing-deal/
OceanFirst Financial Corp. announced its agreement to sell $1.4 billion in multifamily loans. This sale represents a majority of the multifamily loans acquired in its recent acquisition of Flushing Financial Corp. The move aims to reduce commercial real estate concentration and exposure to New York City's rent-regulated properties.
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OceanFirst Financial Corp. to Sell $1.4B of Multifamily Loans

https://njbmagazine.com/njb-news-now/oceanfirst-financial-corp-to-sell-1-4b-of-multifamily-loans/
OceanFirst Financial Corp. has agreed to sell $1.4 billion in multifamily loans, primarily acquired from Flushing Financial Corporation, to reduce its commercial real estate concentration and exposure to New York City's rent-regulated properties. The sale, expected to close by the end of the second quarter, aligns with initial valuation estimates and the proceeds will be reinvested in highly liquid, investment-grade securities. Further details on the balance sheet repositioning will be provided during the company's second-quarter earnings release and conference call.

OceanFirst to sell $1.4B of multifamily loans after Flushing deal to cut NYC rent‑regulated exposure

https://www.tradingview.com/news/tradingview:9e6db3cb5ce06:0-oceanfirst-to-sell-1-4b-of-multifamily-loans-after-flushing-deal-to-cut-nyc-rent-regulated-exposure/
OceanFirst (OCFC) has agreed to sell $1.4 billion of multifamily loans, primarily acquired through its Flushing acquisition. This move aims to reduce the bank's commercial real estate concentration and eliminate exposure to New York City rent-regulated properties. The proceeds from sales, expected to complete by the end of Q2, will be used to purchase liquid, investment-grade securities.

OceanFirst Financial Corp. Agrees to Sell $1.4 Billion of Multifamily Loans in Balance Sheet Repositioning

https://www.marketscreener.com/news/oceanfirst-financial-corp-agrees-to-sell-1-4-billion-of-multifamily-loans-in-balance-sheet-reposit-ce7f5dd2d08cfe20
OceanFirst Financial Corp. announced an agreement to sell $1.4 billion of multifamily loans, primarily acquired from its recent Flushing Financial Corporation acquisition. This sale aims to reduce the Bank's Commercial Real Estate concentration and significantly decrease its exposure to rent-regulated properties in New York City. The proceeds will be reinvested into highly liquid, investment-grade securities with similar yields, with full details to be disclosed in the second-quarter earnings release.

OceanFirst Merger And Warburg Capital Injection Reshape Growth And Governance

https://simplywall.st/stocks/us/banks/nasdaq-ocfc/oceanfirst-financial/news/oceanfirst-merger-and-warburg-capital-injection-reshape-grow
OceanFirst Financial (NasdaqGS:OCFC) has completed its merger with Flushing Financial, forming a larger bank with John R. Buran appointed as non-executive chairman, and receiving a $225 million capital injection from Warburg Pincus. This transaction significantly alters the company's governance and capital structure, providing a broader footprint and more financial flexibility. Investors should monitor how the new board and capital are utilized for growth initiatives, technology spending, and potential share issuance.

OceanFirst taps familiar playbook to keep customers, staff

https://www.bankingdive.com/news/oceanfirst-flushing-bank-acquisition-ny/822010/
OceanFirst is employing a strategies it has relied on in previous acquisitions as it absorbs Flushing Financial and its $9 billion in assets. The bank is prioritizing career assurance for customer-facing employees and committing $5 million in stock to its foundation to support nonprofits in Flushing's former communities. CEO Chris Maher aims to retain over 96% of Flushing's customers and improve OceanFirst's financial performance by bolstering EPS and increasing returns on assets above 1% over the next several quarters.
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OceanFirst (OCFC) director receives 65,323 shares via Flushing merger terms

https://www.stocktitan.net/sec-filings/OCFC/form-4-oceanfirst-financial-corp-insider-trading-activity-82cb4812c3f3.html
OceanFirst Financial Corp. director Han Sam Sang Ki received 65,323 shares of common stock at no cash cost as a result of OceanFirst's merger with Flushing Financial Corporation. The shares were acquired through an exchange ratio of 0.85 OceanFirst shares for each FFIC share. The holdings include 4,080 restricted stock units that will cliff vest on January 30, 2027.

Merger grants OceanFirst (OCFC) director Louis Grassi 104,737 shares

https://www.stocktitan.net/sec-filings/OCFC/form-4-oceanfirst-financial-corp-insider-trading-activity-f1807cf0e37d.html
OceanFirst Financial Corp. director Louis C. Grassi acquired 104,737 shares of common stock through a merger agreement with Flushing Financial Corporation, detailed in a Form 4 filing. This equity consideration, received at no cash cost, includes 4,080 restricted stock units that will cliff vest on January 30, 2027. The transaction reflects the conversion of Flushing Financial common stock into OceanFirst shares at an exchange ratio of 0.85 OceanFirst shares per Flushing Financial share.

OceanFirst Financial (NASDAQ: OCFC) director files amended Form 3/A for Power of Attorney

https://www.stocktitan.net/sec-filings/OCFC/form-3-a-oceanfirst-financial-corp-amended-initial-statement-of-benef-d8f5f910a395.html
OceanFirst Financial (NASDAQ: OCFC) director John R. Buran has filed an amended Form 3/A. This amendment was made to attach a Power of Attorney that was inadvertently omitted from his original Form 3 filing. The filing indicates that Mr. Buran directly owns 0 shares of Common Stock.

OceanFirst (OCFC) director receives 52,262 shares via Flushing Financial merger exchange

https://www.stocktitan.net/sec-filings/OCFC/form-4-oceanfirst-financial-corp-insider-trading-activity-dfc3e2de732a.html
OceanFirst Financial Corp. director Alfred A. DelliBovi received 52,262 shares of Common Stock at no cash cost as part of the merger with Flushing Financial Corporation. The shares were exchanged at a ratio of 0.85 OceanFirst shares for each Flushing Financial common share. His holdings now include these shares, along with 4,080 restricted stock units that are set to vest on January 30, 2027.

OceanFirst (NASDAQ: OCFC) director reports no common stock owned on Form 3

https://www.stocktitan.net/sec-filings/OCFC/form-3-oceanfirst-financial-corp-initial-statement-of-beneficial-owne-aa47c1483528.html
OCEANFIRST FINANCIAL CORP director Alfred A. DelliBovi has filed an initial Form 3, reporting his holdings in the company. The filing indicates a total of 0 shares of common stock beneficially owned, meaning he reports no reportable ownership at this time. This Form 3 does not show any buy or sell transactions, only an initial holding entry with no common stock beneficially owned.
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